1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marin [14]
2 years ago
11

Johnson Trucking Company wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven

to each area It wants to separate the fixed and variable portion of the truck's operating costs so it has a better idea of how distance affects these costs. Johnson Trucking Company has the following data available
Month Miles driven Total operating costs
January 16,200 22650
February 17000 23250
March 18400 25450
Apri 16500 22875
May 17400 23550
June 15300 21850
The variable cost per mile using the high-low method is:___________.
A. $1.16
B. $138
C. $1 66
D. $1.43
Business
1 answer:
BARSIC [14]2 years ago
7 0

Answer:

Variable cost per unit= $1.16 per mile

Explanation:

Giving the following information:

January 16,200 $22,650

February 17000 $23,250

March 18400 $25,450

Apri 16500 $22,875

May 17400 $23,550

June 15300 $21,850

<u>To calculate the variable cost per mile under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (25,450 - 21,850) / (18,400 - 15,300)

Variable cost per unit= $1.16 per mile

You might be interested in
A US firm is bidding for a contract required by the Swiss government. The firm will not know until three months from now, whethe
Leno4ka [110]

Answer:

A. Buying Swiss franc call.

5 0
2 years ago
USA Manufacturing issued 30-year, 7.5 percent semiannual bonds 6 years ago. The bonds currently sell at 101 percent of face valu
vekshin1

Answer:

4.82 percent

Explanation:

We use the Rate formula in this question that is shown in the attachment

The NPER is the period of time.

Provided that,  

Present value = $1,000 × 101% = $1,010

Assuming figure - Future value or Face value = $1,000  

PMT = 1,000 × 7.5% ÷ 2 = $37.5

NPER = 30 years - 6 years = 24 year × 2 = 48 years

The formula is presented below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 7.41%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 7.41% × ( 1 - 0.35)

= 4.82%

6 0
3 years ago
If you were to design a range of athletic shoes for various sports activities, what key factors would you consider during the de
vichka [17]

Answer:

Key factors:

Customers

Quality of shoes

Brand (trained with a pro before or used by a pro)

modeling expenses

Explanation:

8 0
3 years ago
You are caring for a 69-year-old man with congestive heart failure. His breathing is profoundly labored, his oxygen saturation r
sertanlavr [38]

Answer:

B)

Explanation:

Based on the information provided within the question it can be said that in this scenario you should preoxygenate him with a bag-mask device and then perform blind nasotracheal intubation. This is the process of placing oxygen tubes into the individuals nasal track and down the throat to allow better airflow.

7 0
3 years ago
Rubbermaid Plastics plans to purchase a rectilinear robot for pulling parts from an injection molding machine. Because of the ro
liubo4ka [24]

Answer:

The present worth of the cost savings if the company uses an interest rate of 15% per year on such investments is $442108.5079.

Explanation:

Present Worth = $100,000/(1 + 15%) + $100,000/(1 + 15%)^2 + $100,000/(1 + 15%)^3 + $200,000/(1 + 15%)^4 + $200,000/(1 + 15%)^5

                         = $442108.5079

Therefore, the present worth of the cost savings if the company uses an interest rate of 15% per year on such investments is $442108.5079.

3 0
3 years ago
Other questions:
  • If a firm applies its overall cost of capital to all its proposed projects, then the divisions within the firm will tend to ____
    13·1 answer
  • Rist Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The Corporat
    11·1 answer
  • Torrid Romance Publishers has total receivables of $3,000, which represents 20 days’ sales. Total assets are $75,000. The firm’s
    10·1 answer
  • Which of the following is a disadvantage of a decentralized organizational structure? A. Increasing the size of the corporate bu
    13·1 answer
  • Which of the following is a collaboration of software​
    6·1 answer
  • Tom Gregory is the practice manager for a local urologist. The practice has a detailed set of financial policies dealing with re
    11·1 answer
  • Charitable donations, entertainment expenses, and
    12·1 answer
  • Assume that in a monopolistically competitive industry, firms are earning economic profit. This situation will:
    9·1 answer
  • The expected proceeds from accounts receivable, determined by taking accounts receivable less the allowance for doubtful account
    15·1 answer
  • The activity that involves creating, communicating, delivering, and exchanging offerings that have value for customers, clients,
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!